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Motel Investment in the Heart of the Village

West Coast - Address withheld

Hotel Motel Leisure
dollar

$3,900,000 Plus GST (if any)

Land area
1882m2
Title type
Freehold
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Property details

Listing # WC5901 | Listed on 17 January 2024

Accommodation businesses in the Glacier Regions are once again enjoying tremendous cash flow and profitability.

This 21 unit property is located right in the centre of Franz Josef. The investment is secured by way of a long-term a registered lease at a very healthy rental which is in line with revenue and profitability for the operator.

This is an opportunity to invest and receive a passive rental income with all outgoings met by the operator. The owner of the freehold invested considerably in refurbishment and upgrading prior to leasing in 2019.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land and Buildings of this Motel for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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